The Hot Room
$HRTMF500 #501CategoryHealth & Wellness
SubcategoryMiscellaneous Health Services
ParentTHR Holdings, LLC
Founded2013
Completeness19/34 (56%)
Years in Business12
Began FranchisingJune 2025
HQIndianapolis, IN
Executives2
LinksWeb
Main Phone317-650-7968
Emailash@thehotroom.com
FDD IssuedJune 27, 2025
Last UpdatedMay 20, 2026
FDD2025 🔒
Franchisor
THR Fitness and Wellness offers franchises for the establishment and operation of The Hot Room studios, providing heated fitness, Pilates, and wellness services.
THR Fitness and Wellness Corporation, an Indiana LLC, is the franchisor, owned by THR Holdings, LLC. Key executives include Hye Jin Kalgaonkar (CEO) and Ashish Kalgaonkar (CFO).
THR Fitness and Wellness offers franchises for the establishment and operation of The Hot Room studios, providing heated fitness, Pilates, and wellness services.
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Inside the full scorecard
FranDeals Score
34-box data-completeness and quality rating
Franchisee Health Score
Operator-side financial health signal
Fees & Investment
Franchise fee, royalty, total startup cost (Items 5–7)
Financial Strength & Stability
Current ratio, debt/equity, ROE, margins (Item 21)
Item 19 — Financial Performance
Average unit revenue, revenue spread, payback
Unit Count & Growth
Systemwide units and multi-year growth (Item 20)
Outlet Trajectory
Openings, closures, survival & turnover rates
Executive Team
Officers and directors (Item 2)
Franchisee Roster
Current and former franchisee operators
Litigation & Disclosures
Item 3 legal matters, Item 4 bankruptcy
News & Peer Comparison
Recent signals and category benchmarks